First launched in 1983, the Rawlinsons Australian Construction Handbook was the first of its kind and quickly became the cornerstone of construction cost estimating in Australia. A decade later, following the success of the Handbook, a second publication was launched, the Cost Guide. Aimed at project costs under $1.5 million, this smaller publication filled the space in the market for residential and domestic nature projects.
The enormous amount of data in these annual publications is compiled over the course of a year by Rawlinsons Editor and Publishing Director, Matthew Roddis. With assistance from respected construction industry professionals, Matthew thoroughly investigates and researches current and perceived trends in the market and then builds rates from material cost, labour norms and labour rates. The calculated rate is reviewed against the tender return trend and the supplier ‘state of the market'. Tender returns are then reviewed so that the current construction trends can be ascertained. As a final check process, tenders are priced based on the Detailed Prices, then reviewed after the tenders have been returned.
There are multifarious benefits to using the Rawlinsons Construction Cost publications. Essentially, they are a cost control tool beneficial from the inception of a project, right through to project completion and handover.
Tailored for each stage in construction, there are various sections in each book.
For example, during the early stages of concept and feasibility when there is limited information available, the cost per sqm section is used in order to establish a project budget. A benchmark rate per sqm of the building is determined by parameters such as building function and size of development, as well as the quality of finish required. This produces a realistic budget estimate at an early conceptual stage.
As a project progresses through concept design to schematic design and more information on the building layout and level of finishes becomes available, the comparative rates section is used to accurately estimate the overall cost of a project. As the design develops, this ensures that the refined cost estimate can be reviewed against the original budget. Additionally, at this point in the project, value engineering options can provide choices in terms of the standards of finishes required. Finally, progressing into the contract documentation stage, the detailed pricing section is used at project tender to accurately price each individual unit of work, enabling a detailed and accurate pre-tender estimate for individual trades.
Aside from the use of the cost guides for estimating, the publications also contains a vast array of sundry information on construction topics such as contractual procedures and conditions of contract, estimated construction time frames, information on current tax depreciation regulations and requirements, replacement insurance valuations and environmentally sustainable costs.
Rawlinsons customer base includes a wide range of construction industry professionals including; Quantity Surveyors, Architects, Designers, Engineers, Builders and Property Valuers. Not just limited to the Construction Industry, the extensive customer base also includes Lawyers, state and local government bodies, insurance companies and educational establishments.
Proudly Western Australian owned and published, Rawlinsons Australian Construction Handbook and Construction Cost Guide are industry staples.
Available in traditional hard-copy or a cloud based hyperlinked PDF, there is a version suited to everyone. Head over to our Content Comparison to find out if the Handbook or Cost Guide is better suited to your needs or call us today on 08 9424 5800.